Impact of non-financial disclosure on financial performance
an empirical study of a sample of companies listed on the Iraq Stock
Exchange
Salem Salal Rahi Al-Hasnawi
Tariq Abd Mohammed Kazem Al-Khafaji
Department of Finance and Banking
Faculty of Management and Economics
University of Al- Qadisiyah
| Corresponding Author: Salem Salal Rahi Al-Hasnawi Tariq Abd Mohammed Kazem Al-Khafaji |
Abstract:
The purpose of this research is to demonstrate the impact of non-financial disclosure on financial performance
represented by the market value of a sample of companies listed in the Iraqi Stock Exchange for the period (2014-
2017), the statistical program R was used to analyze and test the hypothesis of research, as well as testing (F), (t), (r)
and (R2), the research reached several conclusions, the most important of which was the significant effect of nonfinancial disclosure on financial performance represented by the market value of shares of the insurance sector
companies, while there is no impact for banking sector companies, the research also concluded a set of
recommendations, most notably the need to educate investors in the Iraqi Stock Exchange the importance of nonfinancial information disclosed when making their an investment decisions, as it provides information working to
reduce the uncertainty and increase their confidence in the company.
Keywords: Non-financial disclosure, financial performance, market value.
